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  3. Funding Your Education
  4. Additional Funding Opportunities

Additional Funding Opportunities

Resources

There are a number of additional funding options available to assist in financing your education.

Federated College Awards

Students who are enroled through a federated college can also apply for awards administered by their federated college. Information on these awards can be found on each federated college's website.

Award Search Engines

A number of awards are available through agencies external to the University of Regina. Below is a list of several external award search engines to start you on your own search. You can also view a list of award opportunities, including links to websites with more information and applications.

You may also want to check for additional opportunities which may include (but do not limit yourself):

  • Local community organization
  • School community council (or similar)
  • Local businesses in your community
  • Large businesses
  • Your bank (and other banks)

Bank Loans

Financial institutions provide student lines of credit to qualified students who are looking for alternative funding to help pay for school. Each financial institution has different rules, regulations, and rates so it is important to shop around and ask questions. For example, you should ask about repayment options, interest rates, maximum funding levels, how interest is applied, and what your monthly payments will look like.

Loans for Newcomers to Canada

Career Loans is a completely virtual program organized by Achēv (formerly The Centre for Education & Training) and funded through the Federal Government's Foreign Credential Recognition Program. Their goal is to support internationally trained newcomers in regulated or non regulated fields to continue their career path in Saskatchewan through free career and financial counselling and/or educational loans. The loans are accessible to newcomers who might not have access to traditional bank loans or even student loans. They are low-interest, fixed-rate micro loans for those eligible which include permanent residents, Canadian citizens or Convention Refugees.

Windmill Microlending is a non-profit serving newcomers to Canada since 2005. Windmill offers low-interest, affordable career loans of up to $15,000 to help skilled immigrants and refugees pay for the costs of education and training programs, credentials, licensing and more to reach their career goals.

Emergency Funding

Are you an undergraduate student facing unexpected financial challenges?

Emergency Funding

The University of Regina provides emergency funding assistance to students whose continued education at the University of Regina is at risk due to unexpected financial pressures. In most circumstances, a student is eligible for a maximum funding amount of $1,000.  Emergency funding is issued in the form of a personal cheque.  

Eligibility Criteria

  • Registered in any undergraduate faculty/federated college
  • Demonstrates financial need
  • If a student has completed 9 credit hours or more, they must be in good academic standing (must have a minimum UGPA of 60%, and not be on academic probation)
  • Students must complete the Student Emergency Fund application form explaining their need and the impact receiving the emergency fund would have on their education.  The Student Emergency Fund will be used to support U of R students in the areas of:
    • Housing and food insecurity
    • Technology
    • Medical care and prescriptions
    • Travel to return home
    • Other unforseen expenses, such as remote learning needs, etc.
As part of the application process students are required to email their most recent three months of bank statements  to safa@uregina.ca as supporting documentation of their finances. Applications cannot be reviewed until these documents are received. The reason that your most recent three months of bank statements are required is so that we can verify the expenditures you have listed on your application and ensure you demonstrate financial need. For example, if you have indicated your monthly rent is $800 per month, we would expect to be able to verify this amount coming out of your bank account each month. Similarly, if you have indicated that you receive $200 per month of employment income, this amount must be reflected on your bank statements and application to verify your term income.
One of the criteria for the bursary is that students must demonstrate financial need at the time they apply. For example, if you have sufficient funds in your account right now, but think that you will not have sufficient funds in a month from now, your application cannot be approved. Applications will only be approved if you require immediate financial assistance and your bank statements can verify this information.
Students are normally permitted only one emergency funding application in their academic career at the University of Regina. However, if you are affected by COVID-19 and you have received emergency funding in previous years, you may apply for the fund at this time.  

Applications will be reviewed on a timely and case-by-case basis. Exceptional circumstances will be dealt with on an individual basis.

If a student is unable to demonstrate financial need, but does not currently have sufficient funds to cover expenses, they may be eligible for a short-term emergency student loan.  Students must meet all other eligibility requirements as outlined above and demonstrate they have the ability to repay the loan on the Emergency Funding Application Form.  Repayment of emergency loan funds is due at the end of the term in which they are received.

How to Apply

To apply, undergraduate students must complete an application form which will determine their level of financial need.  Supporting documentation will be submitted at the time of application as evidence of the level of financial need in the form of bank statements. Other documents may be requested upon review of the application.  Undergraduate students should submit their application and bank statements to the Student Awards and Financial Aid Office by email at safa@uregina.ca.

Results

Once your application has been reviewed we will contact you by email to notify you of whether or not your application has been approved.

Costs Not Covered

Under most circumstances, credit card debts and outstanding tuition fees are not covered by emergency funding. Students whose tuition fees are in arrears should contact the Financial Services Office directly to make arrangements for repayment.

Appeals

Students have the right to appeal decisions regarding emergency funding applications to the Director, Enrolment Services or his/her designate.

 

Other Options

The following Colleges/Faculties also have emergency funding for their undergraduate students:

If you are finding it difficult to make ends meet or plan your finances, we encourage you to speak with a representative from Student Awards and Financial Aid to help you develop a plan to ensure all your expenses are covered.  We can also highlight award and bursary programs you may be eligible for, as well as third-party funding/support options. Please email safa@uregina.ca for assistance and we would be happy to help you.